From Pine View Farm

Nothing To Do, Nowhere To Go 0

New unemployment down slightly.

They’re running out of persons to lay off, plus it was a short week:

Initial claims for state unemployment insurance benefits fell 4,000 to a seasonally adjusted 621,000 in the week ended May 30, the Labor Department said. The week covered the Memorial Day holiday, which could have had an impact on the data.

Also, from the same story,

The number of people staying on the benefit rolls after collecting an initial week of aid fell 15,000 to 6.74 million in the week ended May 23, the latest week for which the data is available.

15,000 is 00.2% (in fractions, that’s two thousandths) of 6,740,000. This is grasping at straws statistics.


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